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1. Find the value of the following bond: Par value: $1,000 Coupon rate: 4.5% to be paid semiannually Maturity: 5 years Required rate: 4.1% II.
1. Find the value of the following bond: Par value: $1,000 Coupon rate: 4.5% to be paid semiannually Maturity: 5 years Required rate: 4.1% II. Find the EAY if APR is 7% and payments are monthly. III. How much should I pay for a business that promises $5,000 every year for the next 15 years if I require a 10% rate of return
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